Managing Director (MD) Job at Juremi Ventures
- Abuja, FCT
- Permanent
- Full-time
Employment Type: Full-timeJob Description
- The Managing Director (MD) will be responsible for spearheading the growth and expansion of the hotel group.
- They will develop and implement strategies to push growth, establish new contacts, strategic partnerships with government and private entities, open new hotels, turn them into a chain franchise, expand globally, standardize operations, and increase revenue.
- The MD will operate independently from the chairman and will have the authority to establish branches and make decisions autonomously.
- Develop and execute strategic plans to drive growth and expansion in alignment with the company's objectives.
- Lead and inspire a team towards achieving ambitious goals.
- Identify and establish relationships with potential investors, partners, and stakeholders to facilitate expansion opportunities.
- Identify new market segments and geographic locations for hotel development.
- Lead expansion efforts, including market research, site selection, and establishment of new hotels in key markets.
- Ensure brand consistency and adaptability to diverse cultural contexts.
- Develop and maintain a strong brand identity for the hotel group.
- Standardize operations, service quality, and guest experiences across all hotels within the group.
- Develop franchise models and strategies for turning hotels into a chain franchise.
- Negotiate franchise agreements and oversee the onboarding process for new franchisees.
- Build government relations with Agencies, Ministries, Departments and parastals to bring in new business.
- Build relationship with multinational organisations and Non-profits to growth the business.
- Implement revenue optimization strategies to maximize profitability.
- Analyze market trends and implement pricing strategies to drive revenue growth.
- Establish and oversee branches, providing guidance and support while allowing autonomy in decision-making.
- Ensure compliance with regulatory requirements and company policies.
- Bachelor's Degree in Hospitality Management, Business Administration, or a related field (Master's degree preferred).
- Proven track record with a minimum of 10 years in a senior leadership role within the hospitality industry, with a focus on expansion and business development.
- Demonstrated ability to develop and implement successful strategic plans that drive growth and expansion.
- Strong network of contacts within the hospitality industry, including potential investors, developers, and franchisees.
- Demonstrated ability to independently identify opportunities and establish new hotel branches without direct oversight from the chairman.
- Experience in site selection, negotiation, and securing necessary permits and licenses for new branch openings.
- Proven track record of successfully managing the launch and initial operations of new hotel branches.
- Experience in international markets and understanding of global business dynamics.
- Proven ability to think creatively, take initiative, and make decisions independently.
- Comfortable with ambiguity and able to thrive in a fast-paced, dynamic environment.
- Strong financial management skills, including budgeting, forecasting, and financial analysis.
- Ability to drive revenue growth and maximize profitability.
- Strong network and experience in developing contacts with government ministries, agencies, departments, and parastatals relevant to the hospitality industry.
- Ability to navigate government regulations, policies, and procedures to facilitate business operations and expansion.
- Experience in leveraging government partnerships for mutual benefit, such as infrastructure development, tourism promotion, and regulatory compliance.
- Excellent communication and negotiation skills to build rapport and influence key stakeholders within the government sector.
- Excellent interpersonal and communication skills.
- Inspirational leadership style with a track record of building and motivating high-performing teams.
- Ability to delegate effectively and empower team members to achieve their full potential.
- Flexibility to adapt to changing market conditions and business priorities.
- Resilience to overcome challenges and setbacks encountered during the expansion process.
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